The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading higher by 123 points at 25,510, indicating that the domestic benchmark indices are likely to make a positive start on Monday. 

Earlier on Friday, 28 November, the Domestic benchmark indices S&P BSE Sensex traded higher by 13 points or 0.02%, and settled at 85,706, while the Nifty50 traded 0.05% lower or 12 points, closing at 26,202.

Here are some stocks that are likely to remain in focus on 1 December.

HDFC Bank: HDFC Bank announced that the Reserve Bank of India (RBI) imposed a Rs 91 lakh penalty on the bank for violating specific provisions of the Banking Regulation Act. The RBI highlighted lapses related to interest-rate guidelines, outsourcing practices, and Know Your Customer (KYC) norms.

Tejas Networks: Tejas Networks said it received Rs 84.95 crore under the Production Linked Incentive (PLI) scheme for telecom and networking products. This payment represents the first tranche—85% of the eligible incentive for Q4 of FY 2024–25. The remaining amount will be released later as per the scheme norms.

HG Infra Engineering: HG Infra Engineering said its subsidiary, HG Choraniya Bess, has signed a Battery Energy Storage Purchase Agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL). The agreement covers a long-term procurement of a 300 MW / 600 MWh battery energy storage system.

Apeejay Surrendra Park Hotels: Apeejay Surrendra Park Hotels signed an MoU with Raman Industrial Enterprises to lease and operate a 42-room hotel property along with associated facilities in Mathura, Uttar Pradesh. The hotel, still under construction on a 1,308 sq m plot, will be managed by the company for a 12-year lease term.

Arvind SmartSpaces: Arvind SmartSpaces announced that it has acquired a new residential high-rise project in Vastrapur, Ahmedabad. The project spans around 2.6 lakh sq ft of saleable area and carries a revenue potential of Rs 400 crore. This outright purchase marks the company’s 24th project in Gujarat.

Dalmia Cement: Dalmia Cement (Bharat), a subsidiary of Dalmia Bharat, reported that the Tamil Nadu Sales Tax Office issued two show-cause notices totalling Rs 266.3 crore. The notices, issued under Section 74 of the Central and Tamil Nadu GST Act for FY 2019–20 and FY 2022–23, came from the Sales Tax Officer in Lalgudi, Tiruchirapalli, the company said in a regulatory filing.

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